Name: Oil to Open Higher Following US Strikes on Iran
Uploaded: 2025-06-23T09:15:42.000Z
Description: Oil markets are bracing for a $3 to $5 jump in crude prices when trading resumes Sunday evening, following U.S. strikes on Iranian nuclear facilities.

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Oil markets are bracing for a $3 to $5 jump in crude prices when trading resumes Sunday evening, following U.S. strikes on Iranian nuclear facilities.

President Donald Trump said he had “obliterated” key sites, escalating tensions in the Middle East. Iran, OPEC’s third-largest oil producer, has vowed to defend itself.

But with no immediate supply shock, some experts say the price spike may be short-lived unless the conflict escalates further.

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Oil to Open Higher Following US Strikes on Iran

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